Elsewedy Electric, a leading integrated provider of energy and infrastructure solutions across Europe, the Middle East, and Africa, has acquired a 60% majority stake in Netherlands-based Thomassen Service, a specialised provider of gas turbine maintenance and repair solutions.
Emirates NBD, a leading banking group, has announced that it has received all requisite approvals for its landmark acquisition of a majority controlling stake in India’s RBL Bank Limited (RBL) with the approval of the Government of India for the deal.
GFH Financial Group (GFH) has announced that it has completed the acquisition of a majority stake in Byrne Equipment Rental, one of the GCC’s leading industrial services and equipment rental providers with an investment and capex programme valued at approximately $400 million.
